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Mercedes CLA: Official

The new Mercedes CLA – the ‘baby’ CLS based on the new A Class – has finally been revealed ahead of going on sale in the UK in May 2013. The very stylish four-door coupe styling based on the new Mercedes A Class has survived almost intact from the Style Concept, offering buyers looking for a smaller Mercedes a real alternative to the CLS without sacrificing anything other than a size. Despite being revealed on the eve of the Detroit Auto Show, the new Mercedes CLA will actually make its public debut at the Berlin Fashion Week this week as Mercedes seek to mark the CLA’s design out as a ‘Style Rebel’.

P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.

EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.